Alignment Healthcare

Alignment Healthcare, Inc. operates as holding company. The company offers consumer-centric platform that delivers customized health care solutions to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. The firm offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs. The company was founded in 2013 and is headquartered Orange, CA.

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Alignment Healthcare reports strong Q4 results, eyes growth opportunities

Alignment Healthcare's Q4 2022 performance showcased revenue growth and membership expansion, underpinned by successful programs and strategic pillars. While challenges in profitability persist, opportunities in program optimization and strategic focus areas offer avenues for future growth.

Alignment Healthcare reports robust Q1 growth and strategic positioning

Alignment Healthcare's strong Q1 performance and strategic positioning under new CMS changes reflect growth potential. Challenges lie in achieving profitability targets and managing potential M&A opportunities cautiously. The company's focus on member retention and operational efficiency bodes well for future success.

Alignment Healthcare reports robust Q2 results, eyes shared risk growth

Alignment Healthcare's Q2 performance was strong, with revenue growth and membership increase. The company is addressing challenges in profitability and market variability while focusing on enhancing broker relationships and shared risk business. Opportunities exist in targeted market expansions and product strategy improvements.

Alignment Healthcare surpasses Q3 expectations, eyes growth amid challenges

Alignment Healthcare exceeded Q3 expectations with strong revenue and membership growth, showcasing momentum and strategic positioning for future success.
Despite challenges related to Union dynamics and potential Medicare rate fluctuations, the company remains confident in achieving its guidance and aims for continued growth.
By leveraging strengths like partnerships, innovative initiatives, and a focus on member experience, Alignment Healthcare is well-positioned for growth and financial stability.

Alignment Healthcare reports robust Q4 growth amidst reimbursement challenges

Alignment Healthcare demonstrated strong financial performance in Q4 2023, despite facing reimbursement challenges and EBITDA losses.
The company's focus on brand recognition, care model portability, and unique risk models in California positions them well for growth and profitability.
Investments in technology, membership growth projections, and positive regulatory changes offer opportunities for Alignment Healthcare to enhance operational efficiency and market position.

Alignment Healthcare reports robust Q1 growth, eyes 20% membership increase

Alignment Healthcare's Q1 2024 earnings call highlighted strong growth in membership and revenue, exceeding expectations in adjusted EBITDA. The company is confident in its ability to grow membership by 20% in 2025, leveraging its unique capabilities and operational model. Challenges in inpatient costs and care navigation require continuous improvement efforts.

Alignment Healthcare reports strong Q2 growth and targets market expansion

Alignment Healthcare demonstrated robust growth in membership, revenue, and profitability in Q2 2024, positioning itself as a key player in the MA plans sector.
The company's strategic focus on profitable growth, market share expansion, and quality service delivery underscores its commitment to sustainable success.
While facing challenges in achieving profitability targets, Alignment Healthcare remains optimistic about its growth prospects and market positioning.

Alignment Healthcare excels in Q3, poised for sustained growth

Alignment Healthcare's Q3 2024 performance reflects strong growth, profitability, and strategic positioning in the Medicare Advantage sector.
With a focus on maintaining high plan ratings, investing in key markets, and enhancing healthcare capabilities, Alignment is poised for continued success.
While challenges in meeting financial expectations and industry dynamics persist, Alignment's strengths and opportunities position it for sustainable growth and competitiveness.

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Alignment Healthcare, Inc. operates as a holding company. The company offers a consumer-centric platform that delivers customized health care solutions to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. The firm offers health plan options through Alignment Health Plan, and partners with select health plans to help deliver better benefits at lower costs. The company was founded by John E. Kao in 2013 and is headquartered Orange, CA.

ORANGE, Calif., July 01, 2021 (GLOBE NEWSWIRE) -- The Summer Solstice has officially ushered in the start of summer. That's why Alignment Healthcare (NASDAQ: ALHC) today announced a special blog post written to help keep seniors safe and healthy this season. Covering extreme weather to summer travel, Alignment's guidance is now available at https://www.alignmenthealthcare.com/Newsroom/Blog-Posts/Alignment-Healthcare-9-Tips-for-Seniors-to-Beat

Alignment Healthcare Announces Special Summer Tips to Help Seniors Beat the Heat, Stay Fit and Travel Safely

ORANGE, Calif., June 21, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare (NASDAQ: ALHC) today announced a significant expansion of its plan portfolio with the addition of Dual-Eligible Special Needs Plans (D-SNPs) in 24 counties and Chronic Condition Special Needs Plans (C-SNPs) in 11 counties nationwide, pending regulatory approval. Individuals enrolled in both Medicare and Medicaid can select one of these D-SNP or C-SNP options during Medicare's annual enrollment period, which begins Oct. 15.

Alignment Healthcare Receives Conditional Approval to Expand Product Lines That Serve Individuals With Lower Incomes and Chronic Illnesses in 2022

RALEIGH, N.C. and ORANGE, Calif., June 15, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare today announced plans to expand its coverage in North Carolina to 12 new counties in 2022, bringing its award-winning Medicare Advantage HMO and PPO plans to a total of 15 counties in the state, pending regulatory approval. The company already serves the Research Triangle and greater Raleigh area with a provider network that includes some of the nation's largest hospital systems, and this expansion will help reach the state's hundreds of thousands of Medicare-eligible seniors. Medicare's annual enrollment period begins Oct. 15, 2021.

Alignment Healthcare Expands Into 12 New Counties in North Carolina in 2022

ORANGE, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare (NASDAQ: ALHC) today announced the expansion of its award-winning health plans into Arizona in 2022, reaching nearly 1 million Medicare-eligible seniors in the region. This expansion will extend the company's “senior-first” model to Arizona's significant senior population. Pending regulatory approval, HMO and PPO options from Alignment Health Plan will be available for Medicare's annual enrollment period beginning Oct. 15, 2021.

Alignment Healthcare Expands Its Award-Winning Medicare Advantage Health Plan into Arizona, Reaching Nearly 1 Million Eligible Seniors in Pima and Maricopa Counties

ORANGE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (Nasdaq: ALHC), a mission-based, tech-enabled Medicare Advantage company, today announced that John Kao, chief executive officer, and Thomas Freeman, chief financial officer, will participate in the 42nd Annual Global Healthcare Conference including a fireside chat on Wednesday, June 9, 2021, at 4:40 p.m. ET.

Alignment Healthcare to Participate in Upcoming Investor Conference

ORANGE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare (NASDAQ: ALHC) announced that CEO and founder John Kao will appear today at the inaugural Forbes Health in Action summit, discussing health care in a post-pandemic world.

Alignment Healthcare CEO John Kao to Present at Forbes Health in Action

ORANGE, Calif. , May 28, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare, Inc., is marking Asian American & Pacific Islander (AAPI) Heritage Month by highlighting one of its newest products – the Harmony (HMO) Plan. Introduced to the market this year, this Medicare Advantage plan enables members to take advantage of traditional Eastern medicine disciplines such as acupuncture and chiropractic services at no additional cost, without any authorization or referral. In its first year, already more than 1,800 members participate in the plan.

Alignment Healthcare Marks AAPI Heritage Month Highlighting Plan and Benefits Tailored to Community's Care Needs

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Alignment Healthcare, Inc. (ALHC) CEO John Kao on Q1 2021 Results - Earnings Call Transcript

ORANGE, Calif., May 17, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (Nasdaq: ALHC), a mission-based, tech-enabled Medicare Advantage company, today reported financial results for its first quarter ended March 31, 2021.

Alignment Healthcare Reports First Quarter 2021 Financial Results

ORANGE, Calif., May 13, 2021 (GLOBE NEWSWIRE) -- Medicare Advantage company Alignment Healthcare, Inc., has been recognized for excellence in quality of its Medicare Advantage prescription drug (MAPD) plan, Alignment Health Plan (contract H3815), by the Pharmacy Quality Alliance (PQA) for the fourth consecutive year.

Alignment Healthcare Earns 2021 Excellence in Pharmacy Quality Award

Alignment Healthcare has seen a solid public debut. Investors like the focus on the senior segment and the right incentives behind the business model.

Alignment Healthcare - Aligned Incentives

ORANGE, Calif., March 30, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (Nasdaq: ALHC), a mission-based, tech-enabled Medicare Advantage company, today announced the closing of its initial public offering of 27,200,000 shares of its common stock at $18.00 per share, including 5,500,000 shares of common stock sold by certain existing stockholders. The gross proceeds to the Company, before deducting underwriting discounts and commissions and offering expenses, were approximately $390.6 million. The existing stockholders have granted to the underwriters a 30-day option to purchase up to an additional 4,080,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The Company's shares are listed on the Nasdaq Global Select Market under the symbol “ALHC.”

Alignment Healthcare Announces Closing of Initial Public Offering

ORANGE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”), a mission-based, tech-enabled Medicare Advantage company, today announced the pricing of its initial public offering of 27,200,000 shares of its common stock at $18.00 per share, including 5,500,000 shares of common stock to be sold by certain existing stockholders. As part of the offering, existing stockholders have granted to the underwriters a 30-day option to purchase up to an additional 4,080,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on March 26, 2021 under the symbol “ALHC,” and the offering is expected to close on March 30, 2021, subject to customary closing conditions.

Alignment Healthcare Announces Pricing of Initial Public Offering

Alignment Healthcare has filed proposed terms for its $490 million IPO. The firm provides healthcare services to patients under the Medicare Advantage plan in the United States.

Alignment Healthcare Seeks $490 Million IPO

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Alignment Healthcare Inc. disclosed Thursday that terms for its initial public offering has been set, with the provider of health care services for seniors looking to raise up to $516.8 million and be valued at up to $3.56 billion. The company said it will offer 27.2 million shares in the IPO, which is expected to price between $17 and $19 a share.

Alignment Healthcare sets IPO terms, to be valued at up to $3.6 billion

ORANGE, Calif.--(BUSINESS WIRE)--Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”), a mission-based, tech-enabled Medicare Advantage company, today announced the launch of its initial public offering of 27,200,000 shares of its common stock, including 5,500,000 shares of common stock to be offered by certain existing stockholders. The initial public offering price is expected to be between $17.00 and $19.00 per share. As part of the offering, existing stockholders expect to grant to the underwriters a 30-day option to purchase up to an additional 4,080,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Alignment Healthcare has applied to list its common stock on the Nasdaq Global Select Market under the symbol “ALHC.”

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